High prices and tight spare supply, as NEM-wide IRPM drops down to 11.48% on Wednesday 11th June 2025
Cold weather this evening has brought prices above $7,000/MWh and tight reserve margins across the NEM.
Cold weather this evening has brought prices above $7,000/MWh and tight reserve margins across the NEM.
A couple days after the end of 'winter 2024' the temperature has dropped by 10 degrees in Archerfield. We take a look at how temperatures in Archerfield through winter 2024 compare with the 18...
With winter having a concerted last blast (or having launched straight into summer in northern Australia) it's strange times indeed.
A short article in conjunction with GenInsights Quarterly Updates for 2024 Q2, trending NEM-wide IRPM over 9 days in June 2024.
Following a 90-minute period of low IRPM yesterday evening (Mon 17th June 2024) we take a quick look at see forecast low levels of IRPM for Tue 18th June evening (very low!) and Wed...
A quick article with a snapshot from NEMwatch at the 18:25 dispatch interval to highlight a couple things we might come back to later.
A short article on Saturday about an AER's publication that was released in the past week ... a review of 2023 Q3.
The 'Australian Energy Week' conference this week in Melbourne, and the NEM this evening has given a real-time example of some energy transition challenges.
Worth a short note that (on the first official day of winter … though in temperature terms it started some weeks ago) they have published a Media Release ‘AEMO forecasts improved winter 2023 for...
A short article this evening noting IRPM has dropped below 15% on a NEM-wide basis (a tight supply-demand balance).
QLD 'Market Demand' is dropping past prior low point (excluding 25th May 2021 with the loss of load).
Adding to the complexity of a dire supply-demand balance, aggregate production from wind has dropped below 1000MW today.
A brief note about this morning's volatility.
A news article this morning along the lines of 'coldest in 100 years' jumped out at me.
On Tuesday evening (7th June 2022) the NEM exceeded 32,000MW for a brief period of time ... we have a quick look at how this stacks up against prior winter period peak demand events.
A short article to document another volatility evening.
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this...
At 16:40 the price spiked above $1,000/MWh for the first time this evening.
A quick look at this morning's volatility - and also with respect to coal unit availability prior to the expected tight conditions this evening.
Across the NEM, surplus Available Generation is less than 15% more than aggregate Market Demand ... a low IRPM.